Athene Dominates Annuity Market for Third Year, Reports $33B in Fixed Annuity Sales
APO is trading near its 52-week low of $99.56 (8.5% above the low).
Summary
Athene, a key subsidiary of Apollo Global Management, has been recognized as the top U.S. retail annuity seller for the third consecutive year, reporting nearly $33 billion in total fixed annuity sales for 2025. This strong performance, including $17 billion in fixed-rate deferred and $15 billion in fixed indexed annuity sales, highlights Athene's continued market leadership in providing guaranteed income solutions. The news provides a positive operational update for Apollo, demonstrating robust performance in a core segment, especially as it comes on a day with other significant, mixed headlines for the company, including a securities fraud lawsuit and a pause in withdrawals from a private credit fund. This reinforces Apollo's strength in the retirement solutions space. Investors will likely view this as a solid indicator of underlying business health within a critical part of Apollo's diversified financial services portfolio.
At the time of this announcement, APO was trading at $108.06 on NYSE in the Finance sector, with a market capitalization of approximately $63.9B. The 52-week trading range was $99.56 to $157.28. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: GlobeNewswire.